I think the main advantage I would stress of consulting over internal consulting is your marketability once you decide to move on... and / or the potential that you make it to Partner.Being an internal consultant doesn't have the same cachet on a CV as being at a top branded consultancy. Rightly or wrongly, recruiters perceive it's harder to get into this type of consulting - and that it's a more cut-throat environment you'll have succeeded in if you manage to hold down such a position for several years. Also your "client exposure" will be deemed to have broader relevance and appeal if you have worked for multiple clients across eg. Financial Services than if you have just worked for one FS organisation.On the remuneration front, there are far more Partner roles for a good consultant to aspire to than there are Director-level FTSE 100 roles. And in a FTSE organisation you're competing with all the other employees to make it to one of these roles, not just your internal consulting peers. So I suspect that while the remuneration now may be quite similar, your chances of hitting the big time (remuneration-wise) are much greater if you are in mainstream consulting rather than internal consulting.Hope this helps and good luck with making your decision.Tony RestellTop-Consultant.com